Posted by DigiNomad on 14th of Aug 2024 at 09:29 am
Bond yields rising, not falling.....which would be pricing in
lower inflation. But not extreme so far today. That's my
finger in the air tool for today - if bond yields start falling,
the market will like follow with a pullback (just garden variety to
a higher low, unless yields really plummet, signalling growth and
deflation worries). They have a huge new batch of fish on
with this squeeze though...can't pull back much and risk them
throwing the hook.
Pretty interesting that China has been shorting Gov bonds (to
try and keep yields from plummeting) as a form of capital control.
They're also asking the exchanges for lists of institutions
and individuals buying large sums of bonds and made a recent
declaration to reverse many sales. They're just trying to stem the
tide of capital fleeing their equity markets and are switching over
to full authoritarian mode.
Bond yields rising, not falling.....which
Market has priced in lower inflation - focus on the ...
Posted by DigiNomad on 14th of Aug 2024 at 09:29 am
Bond yields rising, not falling.....which would be pricing in lower inflation. But not extreme so far today. That's my finger in the air tool for today - if bond yields start falling, the market will like follow with a pullback (just garden variety to a higher low, unless yields really plummet, signalling growth and deflation worries). They have a huge new batch of fish on with this squeeze though...can't pull back much and risk them throwing the hook.
Pretty interesting that China has been shorting Gov bonds (to try and keep yields from plummeting) as a form of capital control. They're also asking the exchanges for lists of institutions and individuals buying large sums of bonds and made a recent declaration to reverse many sales. They're just trying to stem the tide of capital fleeing their equity markets and are switching over to full authoritarian mode.
!0 year yields reversed initial
Posted by DigiNomad on 14th of Aug 2024 at 09:56 am
!0 year yields reversed initial gains and is lower. Market following...so far. 10 year yield at support level on 2 min.